News, standards updates and audit guidance for crypto-accounting teams, covering reporting, compliance and regulatory developments.
Regulatory sandboxes for DLT in financial market infrastructure are moving from concept to live pilots across the EU, UK, Switzerland and Australia, with concrete compliance, accounting, and operational implications for firms and CFOs.
FINMA's appointment of a new head for recovery and resolution signals increased regulatory scrutiny, prompting crypto firms to adopt robust crypto accounting software for compliance.
FINMA's new ordinance on risk diversification will require banks and securities firms to update their crypto asset reporting, creating new compliance demands for accountants and auditors.